248 Bank Street

ADDRESS: 248 Bank Street, Ottawa, ON
PROPERTY TYPE: Retail
LOCATION: Central
ZONING TM H(19)

Building and Area Highlights

Excellent investment opportunity for all investors looking to add great downtown real estate to their portfolio. This two-tenant retail building possess the ability to increase rents and boost your returns. Constant high vehicle and pedestrian traffic make this building attractive to many tenants. This opportunity has been rarely available, and has belonged to same owner since 1982. Don’t miss your opportunity to own a piece of downtown real estate. Operating expenses breakdown available upon request.

Located in Centretown, a busy destination for shopping and dining. Surrounded by residential high-rises and office buildings. Population of 74,817 within a 2km radius. Great transit service and easy access to HWY 417.

Price: $1,125,000.00

Highlights

  • Site Area: approx. 1,930 ft² (0.044 acres)
  • Frontage: 19’6″
  • Gross Leasable Area: 2,800 sf
  • Year Built: 1948
  • Zoning: TM H (19)

Area Highlights

  • Busy location, constant vehicular and pedestrian  traffic
  • Population of 74,817 within a 2km radius
  • Easy access to HWY 417
  • Great transit service

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